Mises Wire

Collecting Old Coins Taught Me to Never Trust the Government

Monetary PolicyU.S. History

Blog07/02/2020

Old coins vaccinated me against trusting politicians long before I grew my first scruffy beard. I began collecting coins when I was eight years old in 1965, the year President Lyndon Johnson began removing all the silver from American coins.

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Central Bankers Will Bring Us Economic Stagnation

Financial MarketsGlobal EconomyMoney and Banks

Blog06/22/2020

Central bank policies that rely on ultralow interest rates have been shown to bring economic stagnation. Unfortunately, central bankers don't seem to have any other ideas.

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COVID Lockdowns Crippled the Division of Labor, Setting the Stage for Civil Unrest

InterventionismPhilosophy and Methodology

Blog06/20/2020

The division of labor promotes peaceful exchange and continues peace. But this can all break down when governments intervene to prevent peaceful interaction and when government incompetence promotes violence.

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COVID-19 Lockdowns are Neither Necessary, nor Scientific, nor Helpful

Bureaucracy and RegulationHealth

Blog06/15/2020

What proponents of lockdowns mean by “follow the science” is that statements made by scientists should be accepted as axioms. An obvious problem exists when scientists make conflicting statements.

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Central Bankers Gone Wild: It's a New Era at the Fed

Booms and BustsMonetary PolicyTaxes and Spending

Blog06/08/2020

When people are scared they let the authorities get away with all sorts of nonsense. We're seeing this with the Federal Reserve right now.

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Coronavirus Propaganda Mimics War Propaganda

Media and CultureWar and Foreign Policy

Blog05/27/2020

Propaganda kills, but it also works. Many of the same tactics employed to destroy opposition to the Iraq War are being used today against opponents of lockdowns.

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COVID Ethics: It's Immoral to Confine Innocent People Who Might Be a Threat

HealthStrategyPhilosophy and Methodology

Blog05/27/2020

The possibility that someone might pose a threat to another at a future time is not sufficient reason to revoke a person's property rights.

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Central Banks Are Destroying What Was Left of Free Markets

InflationThe FedMonetary Policy

Blog05/23/2020

The Fed and other central banks are entering into a huge money-printing experiment in hopes of keeping the government-spending machine going at full speed forever. The unintended consequences will be highly destructive.

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